The NTSB has released a preliminary report from an accident involving a Vans RV-6 airplane which went down April 29 near Ridgefield, WA resulting in the fatal injury of the two people on board.
Fastest Growth Expected In the Software Segment During The Forecast Period
The avionics market is projected to grow from $68.5 billion in 2019 to $86.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 4.86% during the forecast period. Growth in the retrofit aircraft market is expected to be a major factor driving the market.
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